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Test: Chapter 7B Quiz

Content

0415991f-b6ee-4 true _44841_1 _13184_1 _524972_1 Assistive Technology Tips [opens in

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Instructions Description

Available Thursday, October 9.

Instructions

Timed Test This test has a time limit of 30 minutes.This test will save and

submit automatically when the time expires.

Warnings appear when half the time, 5 minutes, 1 minute,

and 30 seconds remain.

Multiple

This test allows 2 attempts. This is attempt number 1.

Attempts

Force

Once started, this test must be completed in one sitting. Do

Completion not leave the test before clicking Save and Submit.

Remaining Time: 29 minutes, 43 seconds.

qShow Question Completion Status:

1 2 3 4 5

Save and Submit QUESTION 1 Seven Company provided the following job

cost sheets on March 31. Status Balance, March 31 Job 201 Job 202 Job 203 Finished In

process In

process \$2,400 \$1,800 \$1,500 During April, Seven Company completed Job

202 and Job 203, sold Job 201, and started

Job 204. Direct labor is paid a wage of \$8 per hour.

Overhead is applied based on direct labor

hours at a rate of \$7 per direct labor hour.

The following information is available from

the April materials requisitions forms and job

time tickets. Materials requisitioned

Direct labor hours Job 202 Job 203 Job 204 \$100 \$300 \$800 20 hours 60

hours 110

hours Determine the total cost of Job 202. 20 points QUESTION 2 Seven Company provided the following job

cost sheets on March 31. Status Balance, March 31 Job 201 Job 202 Job 203 Finished In

process In

process \$2,400 \$1,800 \$1,500 During April, Seven Company completed Job

202 and Job 203, sold Job 201, and started

Job 204. Direct labor is paid a wage of \$8 per hour.

Overhead is applied based on direct labor

hours at a rate of \$7 per direct labor hour.

The following information is available from

the April materials requisitions forms and job

time tickets. Job 202 Job 203 Job 204 Materials requisitioned

Direct labor hours \$100 \$300 \$800 20 hours 60

hours 110

hours Determine the total cost of Job 203. 20 points QUESTION 3 Seven Company provided the following job

cost sheets on March 31. Status Balance, March 31 Job 201 Job 202 Job 203 Finished In

process In

process \$2,400 \$1,800 \$1,500 During April, Seven Company completed Job

202 and Job 203, sold Job 201, and started

Job 204. Direct labor is paid a wage of \$8 per hour.

Overhead is applied based on direct labor

hours at a rate of \$7 per direct labor hour.

The following information is available from

the April materials requisitions forms and job

time tickets. Materials requisitioned

Direct labor hours Job 202 Job 203 Job 204 \$100 \$300 \$800 20 hours 60

hours 110

hours Determine the cost of goods sold for April. 20 points QUESTION 4 Seven Company provided the following job

cost sheets on March 31. Status Job 201 Job 202 Job 203 Finished In In Balance, March 31 \$2,400 process process \$1,800 \$1,500 During April, Seven Company completed Job

202 and Job 203, sold Job 201, and started

Job 204. Direct labor is paid a wage of \$8 per hour.

Overhead is applied based on direct labor

hours at a rate of \$7 per direct labor hour.

The following information is available from

the April materials requisitions forms and job

time tickets. Materials requisitioned

Direct labor hours Job 202 Job 203 Job 204 \$100 \$300 \$800 20 hours 60

hours 110

hours Determine the cost of goods manufactured

for April. 20 points QUESTION 5 Seven Company provided the following job

cost sheets on March 31. Status Balance, March 31 Job 201 Job 202 Job 203 Finished In

process In

process \$2,400 \$1,800 \$1,500 During April, Seven Company completed Job

202 and Job 203, sold Job 201, and started

Job 204. Direct labor is paid a wage of \$8 per hour.

Overhead is applied based on direct labor

hours at a rate of \$7 per direct labor hour.

The following information is available from

the April materials requisitions forms and job

time tickets. Materials requisitioned

Direct labor hours Job 202 Job 203 Job 204 \$100 \$300 \$800 20 hours 60 110 hours hours Determine the balance in work-in-process

inventory on April 30. 20 points S AV E A N D S U B M I T

Click Save and Submit to save and submit. Click Save All Answers to save all answers.

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This question was answered on: Feb 21, 2020

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